Metals are all gaining before the market opens. Gold futures are up two and three quarters, silver even, and platinum up a point and a third. Corn is down almost six points, but historically, October is a strong month for corn and soybeans. Soybeans start the morning even.
Family Dollar Store will be announcing its quarterly earnings this monring. The stsock is already up a dollar-eighty in pre-market trading at $67.56. Although FDO has been missing earnings, the company has experiencing high growth in floor space by building new stores.
The EIA Petroleum Status Report, which determies the price for petrolium products and reflects the supply and demand, will be released at 10:30am EST. ADP emoployment report that came out this morning beat estimates by 22,000 which could explain the push higher for futures this morning.